Blog, FDIC, Operations and Risk Management

Model Risk Management: Regulatory Priorities and Best Practices

Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. .

Risk Management

Risk Management Management FDIC Meeting

Acquisition and integration considerations for banks in 2024

Abrigo

JANUARY 24, 2024

Account for the details before your FDIC bank acquisition Consider these tips for assessing your institution and a to-be-acquired institution for a smooth integration You might also like this webinar, "Valuation and purchase accounting: Navigating the changing M&A landscape."

FDIC

FDIC Regulation Strategy Data

Preparing your financial institution to manage loan workouts, loan modifications

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Management

Management Risk Management Policies Lending

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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The role of bank directors in managing risk

Abrigo

APRIL 12, 2016

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The core principles for directors have not changed materially since 1988, the FDIC said. Risk management culture What exactly is a risk management culture? Evaluating risk management.

Management

Management FDIC Risk Management Community Bank

An Introduction to Understanding FFIEC Regulations

Cisco

JULY 12, 2022

Regulatory requirements are a key operational concern that we hear about from our financial customers. a few agencies include the Federal Reserve (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller (OCC), and the Consumer Financial Protection Bureau (CFPB).

Regulation

Regulation FDIC System Software

The most popular CECL, ALM, & portfolio risk blogs of the year

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Risk Management

Risk Management Regulation Management Lending

CFPB and federal banking agencies issue RFI on the use of artificial intelligence by financial institutions

CFPB Monitor

APRIL 1, 2021

In what could be an important step towards needed regulatory updating to accommodate the growing use of artificial intelligence (AI) by financial institutions, the CFPB, FDIC, OCC, Federal Reserve Board, and NCUA issued a request for information (RFI) regarding financial institutions’ use of AI, including machine learning (ML). Uses of AI.

Risk Management

Risk Management Training Lending FDIC

Bank exam “hot spot”: Inflating policy limits to avoid scrutiny

Abrigo

JUNE 23, 2017

The desire to avoid examiner scrutiny may tempt some financial institutions to set the bar high when it comes to credit and liquidity risk management policy limits, but regulators are discouraging this approach. It could compromise institutions’ risk management effectiveness and ultimately hurt the institution.

Policies

Policies Risk Management Survey FDIC

5 Reasons to Increase SBA Loan Origination at Your Bank or Credit Union

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. However, lenders might consider SBA options for their customers or members to help shore up the businesses to survive. We know 2020 stunk,” he said. “As

Lending

Lending FDIC Capital Risk Management

5 Reasons to Increase SBA Lending at Your Bank or Credit Union

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. However, lenders might consider SBA options for their customers or members to help shore up the businesses to survive. We know 2020 stunk,” he said. “As

Lending

Lending FDIC Capital Risk Management

The Current State of Ag Lending: Challenges for Borrowers, Lenders, and How to Overcome Them

Abrigo

JANUARY 29, 2020

Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. On January 28, the Federal Deposit Insurance Corp.

Lending

Lending How To FDIC Survey

9 “hot spot” issues examiners see at banks with CRE loans

Abrigo

MARCH 31, 2017

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. FDIC officials in March outlined several types of weaknesses in loan underwriting, administration and oversight practices that are emerging at some banks with CRE portfolios.

FDIC

FDIC Risk Management Analysis Lending

Consumer Lending Compliance: Hot-Button Issues to Monitor

Abrigo

NOVEMBER 22, 2021

Takeaway 1 Risk tied to consumer lending compliance has been elevated as a result of the pandemic and associated operating challenges. Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Credit Risk Management.

Compliance

Compliance Lending Risk Management Regulation

New Year’s Resolutions to Grow Your Financial Institution in 2020

Abrigo

DECEMBER 19, 2019

In 2008, there were 7,061 FDIC-insured commercial banks in the U.S. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Cyber Complications for Vendor Risk Management. Attain growth through M&A, new partners. Fraud Prevention. Fraud Trends. Holiday Sales on the Dark Web.

Lending

Lending Fraud Community FDIC

Preparing for Section 1071

Abrigo

SEPTEMBER 14, 2022

Takeaway 3 Financial institutions should consider the impact of this rule and prepare for changes to their business operations. Online lenders, platform lenders, and fintechs should also consider sending feedback to the CFPB and considering the ways their operations might be affected. Credit Risk Management. CRE Lending.

Lending

Lending Data Regulation Community

CFPB gives boost to use of alternative data and machine learning

CFPB Monitor

AUGUST 8, 2019

A new CFPB blog post titled “ An update on credit access and the Bureau’s first No-Action Letter ” provides a boost to lenders using alternative data and machine learning in their underwriting models. In its blog post, the CFPB shares results provided by Upstart of simulations and analyses it conducted pursuant to that plan.

Data

Data Lending Compliance Policies

Community Banking Brief

Model Risk Management: Regulatory Priorities and Best Practices

Acquisition and integration considerations for banks in 2024

Webinars

Trending Sources

Preparing your financial institution to manage loan workouts, loan modifications

Webinars

The role of bank directors in managing risk

An Introduction to Understanding FFIEC Regulations

The most popular CECL, ALM, & portfolio risk blogs of the year

CFPB and federal banking agencies issue RFI on the use of artificial intelligence by financial institutions

Bank exam “hot spot”: Inflating policy limits to avoid scrutiny

5 Reasons to Increase SBA Loan Origination at Your Bank or Credit Union

5 Reasons to Increase SBA Lending at Your Bank or Credit Union

The Current State of Ag Lending: Challenges for Borrowers, Lenders, and How to Overcome Them

9 “hot spot” issues examiners see at banks with CRE loans

Consumer Lending Compliance: Hot-Button Issues to Monitor

New Year’s Resolutions to Grow Your Financial Institution in 2020

Preparing for Section 1071

CFPB gives boost to use of alternative data and machine learning

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